Current Accounts
New online education film explains how a cheque clears
ith market research confirming that consumer understanding of the cheque clearing process is still very low, the Cheque and Credit Clearing Company (C&CCC), has today (27 November 2009) launched an online film that helps explain the different stages involved in clearing a cheque.
A&L's £100 cash bonus back for two weeks only
Santander's Alliance & Leicester is re-introducing its £100 cash bonus for those switching to its Premier Current Account.
OFT disappointed by Supreme Court ruling on bank charges
The OFT is disappointed by today's Supreme Court judgment, which overturns previous High Court and Court of Appeal rulings that unarranged overdraft charging terms can be assessed in full for fairness.
Overhaul for overdraft charges
Over one million customers are awaiting the outcome of the Supreme Court Case between The Office of Fair Trading (OFT) and the UK's biggest banks over alleged unfair overdraft charges.
Bank charges, ifs buts and maybes
Andrew Hagger of Moneynet.co.uk looks at the possibilities for current account customers ahead of the Supreme Court ruling tomorrow.
Moneyextra.com: New Santander current account
Peter Gerrard from Moneyextra.com provides his advice to customers on the new Santander current account: "A new current account without fees is definitely a step in the right direction in shaking up the lethargic current account market.
Santander Zero Current Account
Commenting on the launch of the new Santander Zero Current Account, Kevin Mountford, head of banking at moneysupermarket.com, said:
Santander launches ZERO Current Account
Santander has outlined the first of a series of initiatives aimed at radically changing retail banking in the UK, giving existing customers the chance to benefit from its success in becoming the most efficient bank in the UK.
Brits spending and saving habits
Following the unveiling of last week's biggest ever UK lottery winners, new research from The Co-operative Bank Current Accounts reveals the nation's current attitudes to money.
Santander reduce cost of Reward and Premier 50 accounts
Santander's UK current account brands, Abbey and Alliance & Leicester, are making two packaged accounts even more affordable in the run-up to Christmas.
Transparency of current account costs
Commenting on the Office of Fair Trading's announcement that banks have agreed to make personal current account costs more transparent, Kevin Mountford, head of banking at moneysupermarket.com, said;
Banks to improve current account market
The OFT announced that banks have agreed to make personal current account costs more transparent and the switching process more reliable and trusted.
Halifax daily overdraft charging structure
As previously announced in December 2008, Halifax confirms that it will be moving all full facilities current account customers to its new daily overdraft charging structure which is already in place on Halifax's Reward Current Account.
Lloyds TSB supports students affected by loans delays
Lloyds TSB has announced that it would offer its student account holders, starting University this autumn, an increase to their interest-free overdraft while the Student Loans Company processes a backlog of applications for grants and loans.
Abbey Student Accounts give-away ends soon
Abbey Student Accounts is giving away £50 an hour, on the hour, every day for the whole of September, in the ‘Money for Nothing' prize draw which is available to both customers and non-customers.